MercoPress. South Atlantic News Agency
Argentine credit card holders’ buying abroad charged 15% income tax advance
Argentine credit card purchases abroad will be charged with an additional 15% income tax advance, AFIP tax agency reported on Thursday. The extra amount will be deductible from the income tax and the personal assets tax. Read full article
Comments
Disclaimer & comment rulesOuch!!
Aug 31st, 2012 - 05:13 am - Link - Report abuse 0Poor Argentine citizens, your government continues to rob you blind after mismanaging your country to the verge of economic collapse.
Aug 31st, 2012 - 06:45 am - Link - Report abuse 0For a supposedly 'socialist' government they do seem to like pouring tax after tax on the ordinary Argentine citizen to go straight into the pockets of the ruling elite.
Marx would never have approved.
This isn't an attempt to generate increased tax revenues - it is simply an additional hurdle to discourage Argentines form bothering to purchase anything produced abroad in the first place.
Aug 31st, 2012 - 07:09 am - Link - Report abuse 0Queen Cristina wants more money for the great Italian designers!
Aug 31st, 2012 - 09:16 am - Link - Report abuse 0@2 - I think this is more Groucho than Karl!
Aug 31st, 2012 - 12:18 pm - Link - Report abuse 0She does have a new TV studio to build guys as well as control inflation as well as pay back the new loans she is asking for plus continue her campign for the Falklands plus keep benifit payments at the current levels, plus attratc investment in YPF plus reduce foreign debt. She really does need the money.
Aug 31st, 2012 - 12:52 pm - Link - Report abuse 0For those that didnt get it, thats Sarcasm
Why haven't TTT commented on the greatness of this yet????
Aug 31st, 2012 - 01:14 pm - Link - Report abuse 0I'm surprised this story hasn't attracted more comments too. It's as mad as any of her other policies.
Aug 31st, 2012 - 01:36 pm - Link - Report abuse 0As I said above - who would go on a foreign holiday and use a credit card when you have to pay a 15% tax advance on it. It's designed to reduce imports - ie Argentines travelling abroad for their holidays.
All that plastic surgery doesn't come cheap, even if it looks cheap. You better cough up Argies, that rubber face is going to need some serious upkeep.
Aug 31st, 2012 - 01:55 pm - Link - Report abuse 0@Britworker, jajajajaja, ur so right! I belive/hope that she want be able to finish her term, and been put in jail later on..... Hope the presidential air plain/chopper, falls from the sky, jaaaaaaaajajajajaja, saludos.
Aug 31st, 2012 - 03:03 pm - Link - Report abuse 0Gran Hermano (Big Brother) is watching you!!!!!
Aug 31st, 2012 - 04:00 pm - Link - Report abuse 0This is just another trick to stop decent Argentines from enjoying thier vacation away from the pozo negro created by Cristinas politicalclaque on the banks of the stinking Riachuelo. It is of course aimed at Uruguay. Blocking the bridges did not stop them coming, nor the sniffer dogs for dollars and now this. Is it any wonder that the double taxation agreement with Argentina has been held up by the Uruguayan parliament?
Aug 31st, 2012 - 04:21 pm - Link - Report abuse 0Taken from Bloomsberg Business Watch 31.8.12
Aug 31st, 2012 - 06:57 pm - Link - Report abuse 0'Columbia's finance chief, looking to become the IMF top official in Latin America, boasted that his economy has overtaken Argentina's as the regions third biggest as a result of the Argentine Peso's slide on the unregulated currency market.'
Argentina is now a fourth rate Latin American country.
Well done Cristina!
TTT or Think whoever he is logged in as will be here soon to change the subject, distract and spout his racist thoughts. Give him credit he must be working round the clock , extra dollar from maximo.
Aug 31st, 2012 - 07:02 pm - Link - Report abuse 0@13
Aug 31st, 2012 - 08:42 pm - Link - Report abuse 0Talking of the peso slide, just managed to exchange sterling for pesos at a 9.84-1 rate rather than the AFIP 6.35-1 rate...happy days
Let them have it Cristina! Thievery and treason must be dealt with where it hurts, in the pocketbook.
Aug 31st, 2012 - 09:16 pm - Link - Report abuse 0@16 Pray, Sir, please enlighten me. How much has the chief robber baroness got hidden in her Swiss knickers or has she buried her treasure chest off shore?
Aug 31st, 2012 - 10:19 pm - Link - Report abuse 0A joke circling in Argentina right now, showing people's confidence in INDEC, the official Argentine statistics bureau:
Sep 01st, 2012 - 12:12 am - Link - Report abuse 0“Según el INDEC Cristina tiene 30 años.”
(According to INDEC president Christina Fernandez is 30 years old.)
# 18
Sep 01st, 2012 - 11:45 am - Link - Report abuse 0Brought a smile,
Argentina should quit penny pinching and nationalize gold Mining and turn the currency into gold coins, that would put an end to inflation and the Argentine peso will go where ever the gold price goes, there's more gold per person in Argentina th en many of the wealthiest nations on this planet. I don't think barrick gold keeps their gold in Argentine banks. Chances are Argentina will borrow money from IMF backed by gold pirated from San Juan Argentina.
Sep 01st, 2012 - 02:30 pm - Link - Report abuse 0“The extra amount will be deductible from the income tax and the personal assets tax.” Don´t make me laugh! This is just another way to control the populace.
Sep 01st, 2012 - 04:31 pm - Link - Report abuse 0Wellif I were Barrick I wouldnt keep any gold in Argentine banks either where the robber baroness of Santa Cruz could plunder it at whim and will. Isnt that mine half in Chile anywayor are wegoing to have an “adjustment ” of frontiers?
Sep 01st, 2012 - 04:54 pm - Link - Report abuse 0Oh pita you are so funny.
Sep 01st, 2012 - 09:25 pm - Link - Report abuse 0The system you use is based on gold you spanner. Gold is historically deposited in a bank who issue credit notes (i.e. cash) against it to depositors. They can however lend this gold (by issuing credit notes {more cash}) to borrowers. Then the depositors get more wealth by taking a cut of the interest.
As it is unlikely that depositors will come for their gold, banks are allowed to use their assets to issue new debt and only need a fraction of deposits to issue what is a significantly larger amount of debt relative to what assets they hold.
The system works fine as long as there is not a run on the banks by depositors as there will never be enough assets in the vault to return the full value to depositors.
Now you understand why Argentina is so screwed and trying to stop people from doing what they want with their own money. Argentina has issued to much new debt and has got it self into an endless credit cycle and is effectively bankrupt and is desperately printing new notes, trying to steal the individual wealth of its own citizens and lying about hyperinflation.
Welsh, make sure you spend all the pesos while you are there. Nobody will exchange them outside of Arg. I have a few thousand that I am stuck with until my next trip. By then they probably won't buy me lunch!
Sep 02nd, 2012 - 04:56 pm - Link - Report abuse 0I find it funny that Mujica is calling argentina a protectionist nation. The people that get screwed here are the ones that pay ZERO income taxes to deduct these taxes from. You cannot have U$, they are after your food purchases, they are at you when you vacation, they TELL you were to vacation now.......whats next....forced labor camps and re-education camps?
Sep 03rd, 2012 - 04:41 am - Link - Report abuse 0When Al Jazeera is talking about how bad it is in argentina, empty shelves, no auto parts and running out of pharmaceuticals and the crack down.........shit is falling apart! BUT THEY LOVE HER!!
http://www.aljazeera.com/video/americas/2012/05/201253014713672165.html
Argentine Sheeple, keep accepting being violated by their authorities, and continue supporting them.
Sep 03rd, 2012 - 09:35 am - Link - Report abuse 0@26
Sep 03rd, 2012 - 11:43 am - Link - Report abuse 0I'm trying to warn people but everyone is acting like a mindless zombie, nobody cares about anything anymore.
I don't know if there is mind control involved or people just became lazy, but something has to be done. At this point i can only hope for a coup that takes this government out of comission.
Back to the topic at hand, i purchase A LOT of stuff and rent services on the internet and now this bitch wants to take %15 in every transaction.
Looks like the she's saving for the next batch of botox, feeding the ''gordito comemierda'' Maximo kirchner or paying all the ciber tw@tters K.
I hope this ends soon.
I don't see much that the people of argentina can do short of a coup and I think the military is a gelding. The corruption is so wide spread and rampant that is the SOP for the democracy there. With a one party system there and no significant opposition, nothing will change for them. She will continue to cook their that the world is against them attitude.
Sep 03rd, 2012 - 02:21 pm - Link - Report abuse 0As long as there are people who wants a change, there's still hope.
Sep 03rd, 2012 - 02:47 pm - Link - Report abuse 0I hope so for all the people I know in argentina......and the ones I do not.
Sep 03rd, 2012 - 03:58 pm - Link - Report abuse 0#18 But she only looks 25 =)
Sep 04th, 2012 - 12:43 am - Link - Report abuse 0I see socialism hit optometry hard.
Sep 04th, 2012 - 10:17 am - Link - Report abuse 0See Pepe has sent a delegation from the tourist dept to Ba to negotiate a better deal for Uruguay. Just a lot of wasted air fares
Sep 04th, 2012 - 02:46 pm - Link - Report abuse 0Pepe called argentina a protectionist country. What happened to the unity?
Sep 04th, 2012 - 03:36 pm - Link - Report abuse 0Commenting for this story is now closed.
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